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Stanley Black & Decker Lowers Full-Year Earnings Guidance

Stanley Black & Decker Inc. (NYSE: SWK) reported on Wednesday that fiscal third-quarter net income jumped 44%, driven mainly by higher revenue from industrial and construction divisions; nonetheless, shares were hammered after the tool maker slashed its full-year earnings guidance. Core earnings barely managed to beat analysts’ expectation but revenue missed the estimation. For the [...]

October 16th, 2013 | Tags: | Category: Large Cap Growth Stocks | Leave a comment
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Major Gainers and Losers on October 9; SPB, SWK, EW, QCOR, OC, AA, NFLX

Shares of Spectrum Brands Holdings Inc. (NYSE: SPB), a consumer products company engaged in the manufacturing and marketing of alkaline, zinc carbon and hearing aid batteries, herbicides, insecticides and repellants and specialty pet supplies, are soaring in trading today.

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October 9th, 2012 | Tags: , , , , , , | Category: Large Cap Growth Stocks | Leave a comment
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Spectrum Brands to Acquire Stanley Black & Decker’s Hardware & Home Improvement Group (SPB, SWK)

Wisconsin-based global consumer products company, Spectrum Brands Holdings Inc. (NYSE: SPB) announced today that it intends to acquire the Hardware & Home Improvement Group (HHI) of Stanley Black & Decker (NYSE: SWK) for $1.4 billion in cash.

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October 9th, 2012 | Tags: , | Category: Large Cap Growth Stocks | Leave a comment

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